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Currency

Spot/Next or S/N roll

When a spot settlement value date is moved forward to the next valid date, it impacts the profit or loss on an overnight position. This is known as a rollover, and it involves calculating the forward points, which represent the difference in interest rates between the currencies involved. This process is crucial in managing risks and maximizing gains in the ever-changing world of finance.

Related terms

FOREX

Understand the meaning and definition of FOREX in the context of stock market, trading, and investments.

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Yen

Understand the meaning and definition of Yen in the context of stock market, trading, and investments.

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X

Understand the meaning and definition of X in the context of stock market, trading, and investments.

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Sterling

Understand the meaning and definition of Sterling in the context of stock market, trading, and investments.

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Direct quotation

Understand the meaning and definition of Direct quotation in the context of stock market, trading, and investments.

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Foreign Exchange (Forex)

Understand the meaning and definition of Foreign Exchange (Forex) in the context of stock market, trading, and investments.

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